It is estimated that there are 33 deaths for every 10 million people who use airplanes. A company that sells flight insurance provides​ $100,000 in case of death in a plane crash. A policy can be purchased for​ $1. Calculate the expected value and thereby determine how much the insurance company can make over the long run for each policy that it sells.

How much money does ron have left each month after his fixed expenses? ron graduated from college five years ago. he recently bought a house, but shares it with a housemate who pays him $800 a month for rent and utilities. ron is putting a budget worksheet together so he will have a better idea of where his money is going and where he can save. enlarge